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Inflation pain

Inflation is when Pepper Lunch stops giving complimentary soup, Korean food stall stops giving complimentary kimchi side dish (or only for selective dishes), McChicken goes from $2 to $2.95 and to $3.25 and a 1-meat-2-vegs cai png now costs $6.50 (cos 三层肉 is a special dish @$3). 😩

My $6.50 cai png which tasted meh

Paying more is the trade-off for convenience. Buying stuff to cook at home would be cheaper. However, for a single person meal, it seems a waste of time, water and electricity. Ok maybe meal prep is an alternative to consider.

Food and medications are the main things that made me feel inflation is overboard as the price increases although little but are actually in double digit percentage relative to the original price.

GST is going to hike to 9% next year, it's likely that we'll see another round of staples' price hike. Yikes!

It's time to recalibrate my expectation on the prices of goods and services so that I won't feel so much pinch. It's also time for me to review my portfolio which is pretty much in red from the REIT price slump.

With prices going up due to shortage of resources, it is also time for us to think about our consumption pattern. 

Have we been too exorbitant in production and consumption?

Are we consuming inferior goods that are fighting with superior good for raw materials and end up discarding them (cos they spoil easily, doesn't confer comfort or are ineffective)?

Especially with the convenience of online shopping. There's the buy first, try later mindset.

Consumers and goods mismatch is definitely one cause of wastage. I shall stop my rattling and not go into the wormholes of environmental problems or credit debts here. 

Responsible spending is the key, and it is a habit we need to cultivate.

Next is our salary - whether the increment is able to keep up with inflations.

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